Deduction u/s 80C.
This query is : Resolved
28 January 2011
If person invest 50000/- in Kishan Vikash Patra in the name of his Spouse and represent himself as nominee on that..
Is he is elegible for getting deduction U/s 80C?
Is he is elegible for getting deduction U/s 80C?
28 January 2011
80C Deduction not available on Kishan Vikash Patra.
For details see below links---
http://investment.apnapaisa.com/small-saving-scheme/kisan-vikas-patras.html
http://multiutils.com/itp/pokvp.htm
For details see below links---
http://investment.apnapaisa.com/small-saving-scheme/kisan-vikas-patras.html
http://multiutils.com/itp/pokvp.htm
28 January 2011
KVP is , anyway not covered under section 80C, so it doesnot matter in whosoever name it is taken.
Guest
Guest
(Expert)
28 January 2011
Agree with experts.
29 January 2011
Thanks....
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